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1 (L) CANCELLATION OF CERTIFICATES. Certificates surrendered for payrr <br />~ 2 or exchange and Certificates purchased from any moneys held by the Trust <br />3 surrendered to the Trustee by the County or the County for cancellation shall be pi <br />4 and destroyed by the Trustee. Upon request, the Trustee shall deliver to the Count~ <br />5 a certificate of destruction in respect of all Certificates so destroyed. <br />6 <br />7 SECTION 204. PREPAYMENT PROVISIONS FOR THE 199H CERTIFICATES <br />8 <br />9 ~A~ MANDATORY SINKING FUND PREPAYMENT OF 199H CERTIFICATI <br />10 PURCHASES OR REDEMPTIONS. The principal components of the 1998 Certificate <br />11 due date of on December l, 20_ (the "20_ Term Certificates") shall be subjE <br />12 prepayment in part prior to the stated principal due date thereof, on the dates anc <br />13 amounts set forth in the following table, any such prepayment to be at a price equ~ <br />14 principal amount to be prepaid plus accrued and unpaid interest thereon to date fixe <br />15 but without premium: <br />16 <br />17 <br />18 <br />19 <br />20 <br />~r[ 1 <br />22 <br />23 <br />, <br />~~ <br />25 <br />~~ <br />27 <br />28 <br />29 <br />30 <br />J1 <br />32 <br />33 <br />34 <br />35 <br />PREPAYMENT DATE I PRINCIPAL AMOUNT <br />(DECEMBER 1~ TO BE PREPAID <br />The 20 Term Certificates to be prepaid pursuant to the foregoing provisi <br />by the Trustee by lot from among all Outstanding 20_ Term Certificates. <br />The County shall receive a credit against its obligation to prepay 20_ <br />pursuant to the foregoing schedule, and the County shall receive a like <br />corresponding 1998 Financing Payment obligation, in an amount equal to the p~ <br />any 20_ Term Certificates which: (i)(A) have theretofore been purchased by c <br />County on the open market and surrendered to the Trustee for cancellation, or (B) t <br />pursuant to Section 204(B) hereof; and (ii) for which such a credit has not been <br />Such credit shall be applied against the obligation to prepay 20_ Term Certificat <br />and in such principal amount for each such year, as the County shall specify in wri <br />ent, prepayment <br />;e hereunder or <br />~mptly canceled <br />and the County <br />~; CREDIT FOR <br />having a stated <br />,t to mandatory <br />in the principal <br />to 100% of the <br />for prepayment <br />shall be selected <br />erm Certificates <br />•edit against its <br />icipal amount of <br />on behalf of the <br />°retofore prepaid <br />~reviously given. <br />~ in such year(s), <br />i~ to the Trustee. <br />36 (B) OPTIONAL PREPAYMENT OF 1998 CERTIFICATES. The principal c mponents of the <br />37 1998 Certificates having a stated due date on or after December 1, 20_, s all be subject to <br />38 prepayment at the option of the County in whole or in part on any date on or after ecember 1, 20_, <br />39 any such prepayment to be at a price equal to 100% of the principal amount t be prepaid plus <br />~ <br />FINANCING AND TRUST AGREEMENT <br />PAGE 15 <br />